The Federal Authorities of Nigeria, by the Federal Ministry of Water Sources and Sanitation and the Ministry of Energy, has signed a $500 million Memorandum of Understanding (MoU) with the World Bank for the implementation of the Sustainable Energy and Irrigation for Nigeria (SPIN) challenge throughout 25 states.
The initiative goals to reinforce dam security, enhance water useful resource administration, and increase hydropower and irrigation methods nationwide.
The signing ceremony, held in Abuja on Tuesday, was attended by the Minister of Water Resources and Sanitation, Prof. Joseph Utsev, and the Minister of Power, Adebayo Adelabu, as reported by the Information Company of Nigeria (NAN).
“The Federal Ministry of Water Sources and Sanitation, and the Ministry of Energy, have signed a Memorandum of Understanding for the implementation of the Sustainable Energy and Irrigation for Nigeria (SPIN) challenge.
“The five hundred million {dollars} World Bank SPIN challenge goals to reinforce dam security and enhance water useful resource administration for hydropower and irrigation throughout 25 states,” the NAN report learn partly.
Prof. Joseph Utsev described the SPIN challenge as pivotal to boosting meals manufacturing, creating jobs, and strengthening Nigeria’s economic system.
He counseled the World Bank as a trusted companion within the nation’s growth, highlighting the Reworking Irrigation Administration in Nigeria (TRIMING) challenge, which concludes in January 2025, as a basis for revolutionary options in water and agriculture.
As Chairman of the SPIN Preparatory Group, Utsev reaffirmed the ministries’ and companions’ full dedication to the challenge’s success, expressing confidence in its potential to handle Nigeria’s irrigation wants and ship vital advantages to residents.
“We’re assured that the SPIN challenge will construct on this legacy by boosting meals manufacturing and assembly the irrigation wants of our rising inhabitants,” he added.
“Our collective efforts have introduced us to this vital second, and I’m assured that SPIN will ship the tangible advantages Nigerians are eagerly anticipating,” he stated.
The 25 beneficiary states embody Benue, Katsina, Akwa Ibom, Niger, Gombe, Sokoto, Enugu, Bauchi, Cross River, Nasarawa, Ekiti, Kebbi, Plateau, Ebonyi, Zamfara, Abia, Kwara, Imo, Taraba, Kano, Delta, Osun, Jigawa, Edo, and Kogi.
Extra perception
The NAN report additional famous that the Minister of Power, Mr. Adebayo Adelabu, emphasised the partnership’s significance in advancing sustainable hydropower growth and enhancing Nigeria’s power safety.
- He disclosed that regardless of plentiful water sources, solely 2% of the nation’s 14-gigawatt hydropower potential has been utilized, leaving huge alternatives untapped.
- Adelabu highlighted the MoU as a key step towards harnessing renewable power, optimizing pure sources, and diversifying the power combine consistent with the Nigeria Power Transition Plan. He famous the initiative’s potential to remodel the power panorama and supply sustainable energy for thousands and thousands.
- He additional acknowledged that below the present federal authorities administration, measures such because the Electrical energy Act 2023 are decentralizing the electrical energy market and enabling subnational governments’ participation. Adelabu confused the function of decentralized energy methods in enhancing reliability and decreasing dangers to the nationwide grid.
He additionally identified northern Nigeria’s photo voltaic potential, with 8 to 12 hours of day by day sunshine, and reaffirmed the dedication to leveraging hydropower and fostering partnerships for a sustainable power future.
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